Malaysia Industrial Fasteners Market Size & Outlook
Malaysia industrial fasteners market, 2018-2030 (US$M)
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Malaysia industrial fasteners market highlights
- The Malaysia industrial fasteners market generated a revenue of USD 405.6 million in 2022 and is expected to reach USD 672.7 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 6.5% from 2023 to 2030.
- In terms of segment, metal was the largest revenue generating raw material in 2022.
- Plastic is the most lucrative raw material segment registering the fastest growth during the forecast period.
Industrial fasteners market data book summary
| Market revenue in 2022 | USD 405.6 million |
| Market revenue in 2030 | USD 672.7 million |
| Growth rate | 6.5% (CAGR from 2022 to 2030) |
| Largest segment | Metal |
| Fastest growing segment | Plastic |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Metal, Plastic |
| Key market players worldwide | Wurth Group, Lisi SA, Nifco Inc, Illinois Tool Works Inc, Stanley Black & Decker, Berkshire Hathaway Inc Class A, Arconic, Acument Global Technologies, ATF, MW Industries, Birmingham Fastener, Elgin Fastener Group, Rockford Fastener, Slidematic Products, Manufacturers Associates, Eastwood Manufacturing, Brunner Manufacturing, Penn Engineering, EJOT, KOVA Fasteners |
Other key industry trends
- In terms of revenue, Malaysia accounted for 0.4% of the global industrial fasteners market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China industrial fasteners market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,017.2 million by 2030.
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Industrial Fasteners Market Scope
Industrial Fasteners Market Companies
| Name | Profile | # Employees | HQ | Website |
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Malaysia industrial fasteners market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to industrial fasteners market will help companies and investors design strategic landscapes.
Metal was the largest segment with a revenue share of 92.63% in 2022. Horizon Databook has segmented the Malaysia industrial fasteners market based on metal, plastic covering the revenue growth of each sub-segment from 2018 to 2030.
The electronics manufacturing industry in the country is primarily focused on the manufacturing of LED, solar, and semiconductor equipment. The industry is expected to benefit from the increasing global demand for storage devices, mobile phones, embedded technology, and optoelectronics.
The country is characterized by the presence of major electronics players such as STMicroelectronics, the National Institute for Automotive Service Excellence (ASE), Infineon, and Intel, which is expected to propel electronics production in the country.
The Malaysian Machinery and Equipment (M&E) industry primarily includes power generation M&E, metalworking machinery, general industrial machinery, application-specific equipment, and specialized machinery. The equipment manufacturing industry in the country is highly competitive in nature.
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Our clientele includes a mix of industrial fasteners market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia industrial fasteners market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia industrial fasteners market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Malaysia industrial fasteners market size, by raw material, 2018-2030 (US$M)
Malaysia Industrial Fasteners Market Outlook Share, 2022 & 2030 (US$M)
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